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June 13, 2024 | National Law Journal

SEC Chair Gensler Defends Embattled Private Fund Adviser Rule After 5th Circuit Defeat

"What we did in [the private fund adviser] rule, I think, was to help investors in private funds get quarterly statements on their fees, performance and any side deals with other investors," Gary Gensler said. "We thought and believed that it was within the law."
3 minute read
June 13, 2024 | The American Lawyer

Manatt Hires Crypto Partner in New York, Continuing Growth in Financial Services and Digital Assets

Michael Katz previously headed the legal department of crypto venture capital company Digital Currency Group.
2 minute read
June 12, 2024 | New York Law Journal

New Jersey US Attorney Philip Sellinger Takes Witness Stand in Menendez Trial

Sellinger recounted for jurors a conversation from 2020—when he was a partner at Greenberg Traurig—in which Menendez asked him how he might assess a then-pending investigation into a real estate developer were he to become New Jersey's U.S. Attorney.
4 minute read
June 12, 2024 | Corporate Counsel

SEC 'AI Washing' Crackdown Yields Charges Against Founder of Recruiting Firm

"It is critical for investors to beware of companies exploiting the fanfare around artificial intelligence to raise funds," SEC enforcement division director Gurbir Grewal said.
5 minute read
June 11, 2024 | The American Lawyer

Norton Rose Fulbright Lands a Dozen Attorneys From BCLP, Adding to Global Investigations Practice

Incoming partners Jeff Kalinowski and Eric Martin have been working together for about 25 years, while Laura Perlov and Jeff Ziesman have been part of the team for over a decade. Perlov is based in Denver, while the others are in St. Louis.
3 minute read
June 10, 2024 | National Law Journal

4th Circuit Judge Berner Brings Workers' Perspective to the Bench, Labor Lawyers Say

In Nicole Berner, "you have somebody who's really familiar with the way the law directly affects workers and their unions," said Matthew Ginsburg, general counsel of the AFL-CIO.
7 minute read
June 10, 2024 | The American Lawyer

Finance Partner Leaves King & Spalding for McDermott, Following 11-Partner Move to Paul Hastings

Ellen Snare said she was enticed by McDermott's planned investments in private credit capabilities.
3 minute read
June 06, 2024 | The Recorder

Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read
June 06, 2024 | Delaware Business Court Insider

Delaware's Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read
June 05, 2024 | The American Lawyer

With Investigation Practices in Hot Demand, Shook Launches Group That Emphasizes Government Expertise

The new government investigations practice "helps us with our clients. It's a clearer message of our capabilities," said Bill Corrigan, a co-leader of the group.
5 minute read

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